NEW YORK, Feb 22 — Wall Street stocks edged higher early today in a small rebound from an earlier rout as markets monitored the US Treasury market for clues on interest rates.
The drop came as the yield on the 10-year US Treasury note climbed closer to four percent, in the latest sign that markets are girding for more Federal Reserve interest rate hikes. Among individual companies, Palo Alto Networks jumped 11.9 percent as the cybersecurity company lifted full-year targets following better results than anticipated.
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